Had something similar with an harmonic, but don't think we'll make a new high, just some retrace.
Heithvald
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@purpurato59, dont think we can finish elliot setup?
purpurato59
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@Heithvald, I'm no EW expert, but I'd say that after this monster bull run, 300 is the end of a 5 wave pattern and we're now starting a new one. Let's see.
Heithvald
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@purpurato59, yep, lets see and hope for the better future :)
CovidScamIsAnIQTest
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You mean to finish the 5th wave?
Heithvald
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@sifeij, yep
CovidScamIsAnIQTest
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@Heithvald, Which price do you have in mind that could be the confirmation for your theory?
Heithvald
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@sifeij, it should cross 1/1 line, that would be rather bullish. You see, it tested 1/1 some hours ago and dumped after unavailability of crossing it, so we need to watch this setup now.